Cost of Living in Terre haute, IN
Housing
The housing market plays a significant role in determining the cost of living in Terre haute, IN.
- Housing Index: 85.0 / 100
- Median Home Price is: $150,000
- Average Rent (2 BR Apartment): $800 per month
- Average Rent (2 BR House): $850 per month
Considering a move to Terre haute, IN? The housing index stands at 85.0, indicating a relatively affordable market compared to national averages. With a median home price of 150000, owning property is attainable, making it an attractive option for first-time buyers. For renters, the average cost of a 2-bedroom apartment is 800, while a 2-bedroom house rents for 850. Strategically, this area offers a balance between affordability and quality of life, ideal for families or young professionals alike. Dive deeper into what Terre haute has to offer!
Utilities
The cost of utilities such as electricity, natural gas, and other services can significantly impact the overall cost of living in Terre haute, IN.
- Electricity Price: $14.89 USD (median by state)
- Natural Gas Price: Data is updating (median by state)
- Other Utilities (water, garbage, etc.): $200 per month
Living in Terre haute, IN could entail higher utility costs. Electricity costs sit at $14.89, while natural gas is priced at data unavailable per Thousand Cubic Feet — both aligning with state medians. Expect to budget about $200 monthly for other services like water and garbage. These utility expenses are vital considerations as they directly influence monthly living costs. Comparing these rates to other cities may help ascertain if Terre haute is a financially viable option for your relocation.